Tarsons Products Ltd. IPO
Tarsons Products Ltd.
IPO Listing Details
Listed On
BSE & NSE
Listed On
Issue Price
₹662
Issue Price
Listing Price
₹700
Listing Price
Listing Gains
+₹38.00 (+5.74%)
Listing Gains
IPO Details
Bidding Dates
15 Nov - 17 Nov '21
Bidding Dates
Min. Investment
₹13,970
Min. Investment
Lot Size
22.00
Lot Size
Price Range
₹635 - ₹662
Price Range
Issue Size
982 Cr
Issue Size
Subscription Rate
- Retail Individual Investor10.56x
- Non-Institutional Investor184.58x
- Qualified Institutional Buyers115.77x
- Employees1.83x
About Company
Tarsons Products Limited is an Indian life sciences company. It is one of the leading manufacturers and suppliers of labwares. Tarsons Products Limited IPO would open for subscription on 15th November 2021. Take a look at Tarsons Products Limited IPO details.
Tarsons Products Limited is a leader in the science labware and plastic labware industry of India with an experience of more than three decades.
They have been supporting the advanced scientific researches and health care systems of the country with the high quality labware products. Tarsons have many reputed clients including pharma companies,Contract Research Organizations (CRO), research organizations, academic institutes, etc.
As of March 31, 2021, the company has 5 manufacturing units across West Bengal and a strong distribution network of more than 141 authorized distributors across India.
Why should you invest in Tarsons Products Ltd. IPO?
Investors can invest in Tarsons Products Limited IPO considering the long term perspective.
The company has a long standing market presence in India. They have advanced manufacturing units and a wide distribution network across India. They offer an extensive product range comprising more than 40 products.
Company Financials
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ParticularsFor the year/period ended (₹ in Millions)
-
30-Jun-21 (Consolidated)30-Jun-20 (Standalone)31-Mar-21 (Consolidated)31-Mar-20 (Standalone)31-Mar-19 (Standalone)
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Total Assets3,647.742,356.572,959.502,487.062,119.58
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Total Revenue711.27435.732,342.911,800.541,847.19
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Profit After Tax248.3569.68688.70405.31389.58
IPO Schedule
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IPO Opening DateNov 15, 2021
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IPO Closing DateNov 17, 2021
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IPO Listing DateNov 26, 2021
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Basis of Allotment DateNov 23, 2021
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Initiation of RefundsNov 24, 2021
Tarsons Products Ltd. IPO - SWOT Analysis
Strengths:
Tarsons Products Limited is a leading supplier of sciencewares with an extensive range of products and a huge total addressable market of life sciences industry. It has experienced promoters backed by a strong management team. In the last 3 years, the company has had good revenue growth.
Weaknesses:
More than 75% raw materials of the company are imported. Their business could get adversely affected if there is any delay, interruption or reduction in the raw materials’ supply to manufacture its products.
Opportunities:
Tarsons Products Limited has had good margins of over 21% in the last 3 years. These margins are improving year on year too.
Threats:
Many countries like India have started to ban plastics to protect the environment. In the future, if there is a ban on the plastic products manufactured by the company in India or other markets where the company exports its products, there could be a substantial loss in the business.
A competitive analysis
Tarsons Products is established as a leading supplier with a considerable market share.
Their product offering list is extensive.
Their facilities are well-equipped with needed technology for better manufacturing.
How to apply for Tarsons Products Ltd. IPO?
You can apply for the Tarsons Products Ltd. IPO in these ways:
UPI
Link your personal bank A/C to a trusted UPI ID and map it with your TradeSmart account. Now, proceed further to book your IPO. On acceptance of the mandate, the bid amount will get blocked in your bank account Learn more.
Demat Account
1. If you are an Existing TradeSmart demat account holder and wish to apply for an Tarsons Products Ltd. click here.
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